Ericsson to Record $1.2B Cost for Wireless Venture

Ericsson AB, the world’s largest maker of mobile-phone networks, said it will record an expense of about 8 billion kronor ($1.2 billion) for writing down the value of its wireless-chip venture with STMicroelectronics NV.

Most Recent Videos

Is the Price of a Super Bowl Ad Worth It?
35:26 - Jan. 30 -- Horizon Media Director of Research Brad Adgate discusses the price of airing an ad at this year’s Super Bowl. Bloomberg’s Lucas Shaw also speaks on “Bottom Line.”
  • Measles Scare at the Super Bowl
  • Venezuela Gets $1.9B as Dominican Republic Pays Debt
  • Chad Troops Drive Out Boko Haram